Intraday moving average breakdown. This one I chased about 30 cents as the real entry point was where the price broke the MA at $73.70. Because of that I didn't feel like 50 cents was a big enough gain so I didn't cover when I had profit and let it come all the way back up. Covered basically flat for a $3.50 loss but it could have been a good trade if I had entered it at the correct spot.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2012-11-12 13:23:54 | CELG | sell | $75.430 | short |
2012-11-12 15:24:13 | CELG | buy | $75.495 | short |
2012-11-12 15:24:13 | CELG | buy | $75.500 | 0 |
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